MP, Rajasthan, Chhattisgarh have combined 66 or 12% of Lok Sabha seats – and the BJP-led National Democratic Alliance had swept through the 2019 general elections, winning 64 seats even after losing after the state elections in late 2018. “A stable political environment could further boost investors' confidence and drive the markets higher, with the possibility of benchmark Nifty 50 attaining 20500-20800 levels going ahead,” said Prashanth Tapse, Senior VP (Research), Mehta Equities.
